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After finishing at $37.46 in the prior trading day, Sphere Entertainment Co (NYSE: SPHR) closed at $35.41, down -5.47%. In other words, the price has decreased by -$5.47 from its previous closing price. On the day, 1.45 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SPHR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.29.
On September 03, 2024, The Benchmark Company Downgraded its rating to Sell which previously was Hold but kept the price unchanged to $40.
JP Morgan Upgraded its Neutral to Overweight on August 16, 2024, whereas the target price for the stock was revised from $37 to $57.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 0.58.
Stock Price History:
Over the past 52 weeks, SPHR has reached a high of $51.83, while it has fallen to a 52-week low of $32.10. The 50-Day Moving Average of the stock is -17.73%, while the 200-Day Moving Average is calculated to be -15.21%.
Shares Statistics:
A total of 28.96M shares are outstanding, with a floating share count of 27.22M. Insiders hold about 24.01% of the company’s shares, while institutions hold 100.85% stake in the company.
